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20130113
20130121
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
it different from the others that weren't? >> well, what makes it different is we have no deficit due to years of budget cuts and due to the new tax revenues we're realizing from voters' approval of proposition 30 in november and essentially as he said, this is a breakthrough. it's not without risks. he was careful to caution. it's only january. this is only the start of the budget process. we all mull it over see how the numbers develop. he puts out his may revision then the legislature starts fight over it and hopefully we have a document enacted by the end of june. we're only at the very beginning. there are a lot of risks along the way. there's a federal deficit that needs to be contended with that can have a lot of impact on the way the state gets and spends its money. the economic recovery is still sort of slow and struggling upward and any reversal on that could spell a change in our state revenues. the federal government or the courts could have a problem with some of the proposed budget cuts that we have made or want to make. it's happened a lot over the last few years. and increasing
, spencer michels asks california governor jerry brown if his fiscal turnaround-- from a $27 billion deficit to a balanced budget-- offers a lesson for the nation. . >> you have to make tough choices. you have to live within your means. that means you have to not do everything you want to but you also have to raise more money. >> woodruff: and ray suarez examines a surge in suicides by u.s. troops last year, far exceeding the number killed in combat in afghanistan. that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> sailing through the heart of landscapes and river you see differently. you get close to iconic landmarks, to local life, to cultural treasur. it's a feeling that only a river can give you. these are are journeys that change your perspective on the world. and perhaps even yourself. viking river cruises. exploring the world in comfort. >> bnsf railway. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> a with thengog suport these instituti
proclaimed his state's huge budget deficit had disappeared. but some politicians in the golden state are skeptical. newshour correspondent spencer michels sat down with brown in san francisco. his report is a co-production with our colleagues at kqed-san francisco, and begins with some background on the fiscal troubles and the budget fix. >> reporter: california's sorry financial state and cuts made to health and welfare programs have prompted nearly nonstop demonstrations at the state capital in recent times. those protests got going four years ago when california and its then governor republican arnold schwarzenegger faced a staggering budget deficit of $42 billion. the recession, built-in spending, a large population in need of state services like health and welfare, a limit on property taxes, plus republican legislators' refusal to raise taxes created a dilemma in the world's ninth largest economy. with budget cuts coming like clock work, the state's college and university systems declined in offerings and in reputation. schools suffered cutbacks in personnel and programs. servic
mean for some crops. >>> and can california's deficit really become a budget surplus? we are going to talk with state senator jerry hill live in studio about what seems to be a budget miracle. >>> we have temperatures mostly in the 20s this morning in the inland valleys. freeze warnings posted but nevertheless we've got sun out there and a beautiful sunrise on the way for your sunday morning. we will have the forecast. first we will take a break. citrus growers in the south save their crops. >>> well, the cold weather plaguing california has citrus growers in the south scrambling to save their crops. >> that's right. and one kern county orchard they couldn't pick the oranges fast enough. one grower harvested only about 1/3 of his oranges before the temperatures plunged. his grove is a small part of call's -- california's $2 billion citrus economic but also an economic reality at work here. if the freeze destroys his crops he won't be able to employ workers. >>> it is freezing for sure. we are even looking at possible record breaking lows? what
deficit of california? >> yes. he's paying back some of the debt. we had 27 billion that was used and borrowed from special funds and he's paying that back slowly. by 2016, that is down from 4 billion. k through 12 education and they would do that trick and pay it in july where they owed them in june and that is here, about $2 billion. >> and that is what that were sold on when they raised taxes, the idea of more money going toec. does it fulfill the promise? >> it provides $2.7 billion more to education and 500 million to higher education and that is where a lot of the support is and the governor made a contract. i think he has a contract with the voters and is willing to live up to that and ask for more resources and money and taxes. he got that and is not going to be responsible moving forward. >> and when we pass prop 30, it wasdoms day. we were going to see draconian cuts and now a surplus? did that solve the problem? >> the question is, were they telling the truth then? >> is that crying wolf then? >> it's not. this budget has $6 billion from the tax increase and without tha
to cut down a dangerous deficit. why can't anyone in dc come to the table with a simple obvious proposal? >> obama: if we combine a balanced package of savings from spending on healthcare and revenues from closing loopholes we can solve the deficit issue. >> john: joining me now is wahini varra, california politics reporter for the wall street journal. thank you for your time tonight. >> thank you. >> does that mean that he's doing things right? >> he had decent approving ratings after a while. but after this effort to pass taxes, his approval ratings went up. he's more popular now than he has ever been in california, a little bit surprisingly. >> when you consider all the negative stereotypes that we heard groaning up. when i was growing up he was governor moon beam, and how unbalanced he was, quite the opposite of now. governor brown did a whole lot of cutting, are the people of california glossing over that? >> i think they may be. the most recent thing that happened was that californians raised taxes after jerry brown passed it. it's been in the news. that's what people are aware of.
immigration reform, reducing the deficit in a balanced way. the american people voted for both parties to work together on those issues. that's certainly something the president is seeking to do. >> so, ben, i'm curious, preparations for monday, are they all done at this point and when do you start planning for this? i'm guessing you have to do it even before the election is done, right? >> that's true, there are many officials, particularly at those security officials and congressional officials who put the events on the mall together, prepare the security, the logistics, they've been working for over a year, regardless of who's going to be the next president. in terms of this committee that's put together the program, that's taken a couple of months to put together. it's not all done yet, we're pretty much ready to go. but two more days of work and we'll be there. >> i'm sure it will all be ready to go by monday. ben, i have to ask you. what is going on behind you and good on you for still talking over that? >> well, i think you can hear the performers appealing to all demographics. this one
a deficit and debt point of view. so there's much more resistance on the republican side than there used to be. to all of the little riders and pieces of pork that are loaded into these disaster relief bills. and that's some of the changes we've seen in terms of these things being held up. an easy way to do this, and it's hard to get an agreement on this in the senate-s just to pass a clean disaster relief bill with nobody else's projects in there. having said that, republicans need to be careful. there are a number of republican house seats in new jersey and new york that could be threatened if republicans are perceived as holding up aid to sandy. and it's just not anywhere they really want to be when they're trying to focus on a debt ceiling fight or at least they should be. and i think from a political point of view and even substantively they have much bigger -- they have much bigger things to go after and try and accomplish than being perceived as callous when you have so many people in the northeast that don't have functional homes in the dead of winter. >> quickly changing topics,
. germany's problem is the reverse. it's been running a huge surplus which is the deficit of the other countries of europe that they cannot finance. >> correct. >> that is the essence of the european crisis. >> but in a global environment -- >> the whole question with respect to the u.s. is whether we can sustain our current account relationship with the rest of the world. and particularly with china. and that's a decision that the rest of the world will make. it's completely -- >> james, are we -- we added a new entitlement, obama care, which some, i don't know what that's going to cost. there's some groups, i guess they would call them, if they're too conservative, but trillions and trillions of dollars of additional entitlements that we've just layered over the entitlements we already have. are we at the right level now? is this the perfect level of promises we've made? or would you even go above where we are right now? >> well, i think the problem that we have is that our health care sector is bloated by this enormous private insurance system that we have. this sort of mixed bag of
. that california is nowhere near balancing the budget. they have had multibillion-dollar deficits in the past. what i like to do, some of my friends who don't believe taxes matter including the guy in the white house, i say if you don't think taxes matter and affect behavior, explain to me, bill, why it is there has been about 500,000 new jobs over the last 10 years created in texas with no income tax and where california lost about 500,000 jobs? there is lot of factors but i think taxes are one of them. bill: 13% for california. if that is the case they leapfrogged hawaii. matt, give you the last point. if bobby jindal gets his way do folks in louisiana have a better chance at tracking jobs? >> absolutely yes. look at call to, what jerry brown is doing is short-term fix. bringing money by increasing taxes but the long-term effect jobs will leave, people will leave and hurt the economy long term. bill: matt, thank you. steve moore, thank you as well. e-mail is hemmer@foxnews.com. viewers on home on twitter that follow me, @billhemmer, file your one word, not one word, one line. martha: one word is
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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